Ascent Capital Group, Inc. and Monitronics International, Inc. announced the execution of a transaction support agreement (the “Support Agreement”) with holders of approximately $386 million aggregate principal amount of MONI's 9.125% Senior Notes due 2020 (the “Old MONI Notes”), representing approximately 66% of the outstanding Old MONI Notes, who have committed to participate (the “Consenting Bondholders”) in the proposed new exchange and related transactions described below (the “New Proposed Exchange Transactions”). As a result of the execution of the Support Agreement, Ascent and MONI have terminated the offer previously announced on August 30, 2018 to exchange cash and/or a combination of new 7.750%/3.750% Senior Unsecured Cashpay/PIK Notes due 2023 of MONI and warrants to purchase Series A common stock of Ascent for Old MONI Notes and the solicitation of consents by MONI to certain proposed amendments to the indenture governing the Old MONI Notes (the “Existing MONI Exchange Offer and Consent Solicitation”). In addition, Ascent has terminated the offer previously announced on August 30, 2018 to purchase for cash (the “Existing Ascent Tender Offer” and, together with the Existing MONI Exchange Offer and Consent Solicitation, the “Terminated Offers”) 4.00% Convertible Senior Notes due 2020 of Ascent (the “Ascent Convertible Notes”).